NU Online News Service, Oct. 16, 2003, 11:45 a.m. EDT — Applications for life insurance in North America increased 2.2% over year-ago levels in September, marking only the second month of growth for all of 2003, says the MIB Group Inc., Westwood, Mass.
Application activity increased in the U.S. by 1.9% and in Canada by 4.4%, compared to the same period last year.
Results for the third quarter showed an overall decline of applications in the U.S. of 2.1%, while Canadian quarterly activity fell 2% from the third quarter of 2002, MIB says.